Charitable Remainder Trusts

You can provide for yourself, your loved ones, and WHOI with a charitable remainder trust. The trust may hold assets for a number of years (up to 20) or for the lifetime of the income beneficiaries. At the conclusion of the trust, the remaining assets are transferred to WHOI to be used as the donor directed.

There are numerous benefits associated with the trust:

Donors may elect to receive either a fixed percentage of the fair market value of the trust as it is valued annually or a fixed annuity. The minimum payout rate is 5%.

These trusts are highly customizable – you have flexibility on the amount that is paid out and when payouts begin.

Unlike the gift annuity, donors may choose to have more than two individual beneficiaries.

They may be funded with appreciated assets such as stock, real estate or other assets.

The Weston Howland Jr. Postdoctoral Endowed Scholarship Fund program has given me the freedom to pursue and advance high risk, high reward concepts and ideas. Most postdoctoral and research positions are unable to provide such an opportunity.

~ WHOI Postdoc Kakani Katija (Weston “Dusty” Howland shown above)

Questions? We’d love to hear from you.

Woods Hole Oceanographic Institution is the world’s leading non-profit oceanographic research organization. Our mission is to explore and understand the ocean and to educate scientists, students, decision-makers, and the public.